Sell Alert: Book An 86% Gain On Our Starbucks Put Spread

By Dan AmossPosted April 6, 2022

Based on overnight futures trading, it looks like a reversal of the March rally is underway. There is more downside risk in many consumer discretionary stocks like SBUX. But Starbucks’ decline is more about company-level challenges than it is about macro risk. Our $80 price target for June is now within reach – much faster than we expected. So, let’s take profits now on this position.

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Jim Rickards’ Crash Speculator

Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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Trade Alert: Audiences Will Disappoint This Concert Promoter’s Shareholders

By Jim RickardsPosted June 15, 2021

It is true that the pandemic is fading, mask mandates are being dropped and live entertainment venues are gradually reopening with pre-pandemic capacities allowed. The problem is that just because the venues are open, it does not mean the crowds will follow. Jim and Dan target this leading live entertainment promoter as Americans and audiences abroad that used to attend live entertainment events will not easily lose their fear of crowds and this will put pressure on its stock price as a result.

Trade Alert: A Trade that can Triple as Day Care Recovery Falters

By Jim Rickards and Dan AmossPosted August 10, 2021

Many businesses continue to suffer as the economy reopens during an uptick in COVID variants throughout the country. Combined with changing demographics, some businesses are threatened even more to stay solvent. Jim and Dan target this childcare provider that is saddled with a huge infrastructure of bricks-and-mortar facilities and associated overhead just as its potential client base is shrinking.

WYNN Expiration

By Scott StewartPosted August 7, 2020

No action is needed on WYNN…

Trade Alert: Multiple Headwinds Causes Amazon To Lose Its Shine

By Jim Rickards and Dan AmossPosted May 2, 2022

Higher inflation is causing consumer discretionary spending to slow and even major retailers are not immune to lower revenue as a result. But multiple major headwinds coming out of the pandemic are making companies even more vulnerable to weaker growth. Jim and Dan recommend put options on one of the world’s largest online retailers as multiple headwinds will cause a decline in its stock price in the coming weeks.

Reduced Discretionary Spending Is Bad News For This Overvalued Stock

By Jim Rickards and Scott StewartPosted February 9, 2021

The pandemic has given rise to unemployment, lost benefits, closed businesses and reduced revenues for those who remain in business. This has resulted in a spike in savings rates and reduced consumption as a result of such savings. Jim and Scott target this leading orthodontic manufacturer as its stock price has run far ahead of its earnings potential especially in an age of higher savings, reduced discretionary consumption, and social distancing including doctor’s visits.

Trade Alert: Double Your Money As Boeing Gets Grounded

By Jim Rickards and Dan AmossPosted July 26, 2021

As recently as late June, it appeared the COVID pandemic was running its course and airline travel was returning to pre-pandemic levels. Unfortunately, those hopes have been dashed by the rise of the Delta variant and the return of lockdowns, mask mandates along with rising caseloads and fatalities. Jim and Dan target this leading aerospace company as the best way to profit from headwinds to the travel industry, including new pandemic worries along with budget cuts that will put pressure on its stock price in the coming weeks.